Skip to main content

Advertisement

Advertisement

Million-dollar HDB flats sold in Pasir Ris, Woodlands but smaller flats there unlikely to fetch such prices: Analysts

An executive maisonette at Block 156 Pasir Ris Street 13 (left) and a jumbo executive apartment at Block 832 Woodlands Street 83 (right) have sold for more than a million dollars in May 2022.
An executive maisonette at Block 156 Pasir Ris Street 13 (left) and a jumbo executive apartment at Block 832 Woodlands Street 83 (right) have sold for more than a million dollars in May 2022.

SINGAPORE — Three government-built flats, one in Pasir Ris and two in Woodlands, were sold for more than a million dollars last month, but property analysts noted that these were large-sized apartments and were unlikely to have a significant effect on the prices of smaller flats in these towns.

Resale prices for Housing and Development Board (HDB) flats have been climbing with no signs of going down. They rose for the 23rd straight month, early data from real estate portals SRX and 99.co showed.

At Woodlands, a jumbo executive apartment at Block 832 Woodlands Street 83 located somewhere between the 10th and 12th storey sold for S$1.04 million. Another jumbo executive flat at Block 805 Woodlands Street 81 and located somewhere between the seventh and ninth floor sold for S$1.03 million.

At mature estate Pasir Ris, an executive maisonette at Block 156 Pasir Ris Street 13 and located between the seventh and ninth floor sold for S$1.14 million.

At 189 sqm each, the three flats in Woodlands and Pasir Ris were the largest of the 30 million-dollar flats sold in May, with the next closest being a 181-sqm flat in non-mature Yishun — despite experts previously predicting that million-dollar sales in Yishun would be uncommon.
4 STORIES REMAINING

Advertisement